Singapore Stock Market News

Yangzijiang Shipbuilding - Beating the odds

StockFanatic
Publish date: Tue, 24 Sep 2013, 10:02 AM
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■ Launching the first 10k TEU containership on schedule

■ Raise FY14F earnings on better margins and order wins; FY15F earnings to benefit from property income

■ Investment segment is well managed

■ Best proxy to shipbuilding recovery in China; maintain BUY on higher TP of S$1.32
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